AI Agent · Ethereum · Coinbase · Decrypt
Coinbase's Base Is Betting Big on AI Agents With $1 Million Startup Accelerator
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The team behind Base, Coinbase’s Ethereum layer-2 network, is narrowing its $1 million startup accelerator to 10 teams for its latest cohort, with each selected company receiving a $100,000 investment upfront, Coinbase announced on Wednesday.
Key facts
- The team behind Base, Coinbase’s Ethereum layer-2 network, is narrowing its $1 million startup accelerator to 10 teams for its latest cohort, with each selected company receiving a $100,000
- Applications for Base Batches 004 are open through September 9, Coinbase said
- In addition to the $100,000 investment offer, selected teams will participate in an eight-week virtual program with a dedicated advisor and weekly support, receive help building visibility
- In February, Coinbase launched Agentic Wallets on Base, allowing AI agents to hold USDC and make payments using its x402 protocol
Summary
The Base accelerator plans to select 10 startups for its eight-week Batches 004 accelerator. Each selected team will receive a $100,000 investment from the Base Ecosystem Fund. The program is targeting startups building AI agents, trading, payments, and financing products. Applications for Base Batches 004 are open through September 9, Coinbase said.